Commissions are typically paid out the month following the effective date of the policy or the date the payment is received from the carrier. Payments are usually made by the end of that month and should be available in your bank account a couple of days after, depending on your bank.
Commissions are paid out once per month (commissions cycle) and will be deposited electronically in your bank account. If banking information is not available or incorrect information was provided at the time of payment, the payment will be postponed to the next commissions cycle.
If you need to update your banking information, you can learn how to do it here.